if you have this data from the american economy
C=150=0.80y
I= 200
Find the following :
1- The income equilibrium
2- Marginal propensity to consume (MPC), Marginal propensity to save my be expressrd (MPS) , Multiplier
3- find the equilibrium if the income = Planned aggregate expenditure (AE)
4- if the investment increase to be 250 find the effects in income equilibrium
5- Draw this function
Get Answers For Free
Most questions answered within 1 hours.